Mauritius, heavily reliant on imports, faced a trade deficit of Rs 47 billion in Q2 2023, a 17.9% increase from the previous quarter. Availability of foreign...
The Bank of Mauritius intervened again in the foreign exchange market, selling $25 million at a rate of Rs 44.50 per dollar on September 27. This...
The Bank of Mauritius is pushing ahead with its plans to introduce a central bank digital currency (CBDC), revealing that a pilot project is set to...
The excess liquidity in the monetary system has significantly decreased by Rs 20.89 billion over the past year, according to data from the Bank of Mauritius...
Mauritius’ inflation rate was 9.6% in August 2023, but the Bank of Mauritius forecasts it could decrease to 7% by December. This aligns with global trends,...
The Central Bank sold $25 million at a rate of Rs 44.80 per dollar on September 13. This intervention comes just one week after a similar...
Bank of Mauritius (BOM) has been directed by a court order to reveal the BDO and Co Ltd report from 2020 regarding State Bank of Mauritius’...
The Ministry of Finance and the Bank of Mauritius have jointly unveiled a significant government borrowing plan, intending to raise Rs 46 billion through the issuance...